American International Petroleum Corp Message Board

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Gold/Mining/Energy : American International Petroleum Corp

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To: MulhollandDrive who wrote (1237)	8/11/1997 4:47:00 PM
From: faris bouhafa	of 11888

Betty <<The license fee payment which was in cash was a partial payment, the rest to be paid in stock>> I'm surprised that you think AIPN paid anything like a license fee to anyone. You simply do not understand the facts in this situation. AIPN never paid for a license. What it paid for was a 70% equity interest in MSUP. It is MSUP that owns the License which it acquired when the government transferred it from DANK which also has an equity interest in MSUP. <<Ever hear the phrase, "beggars can't be choosers"? >> To be honest, I havn't the faintest idea as to what that phrase has to do with the AIPN/MSUP deal. I do not expect an explanation since I sense that you are getting a bit irritated with my efforts to correct the content of you recent posts. Just trying to be helpful...and factual...as irritating as that might be. Cheers...Faris

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